RECRUITMENT OF PARTICIPANTS MMS Scalping System

Discussion in 'Forex Trading systems and strategies' started by G JOSHI, Nov 23, 2020.

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  1. G JOSHI

    G JOSHI Administrator
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    MMS Scalping System - Forex Trading System for MT4

    MMS Scalping System is a strategy trend momentum based only on two indicators: Dot MMS oscillator and ichimoku medium setting.
    This trading system was created to trade on high / low binary options but it is also excellent without binary options with an excellent profitability that allows us to apply speculative money management techniques. In this article I do not deal with money management techniqus.

    2 (36).jpg 3 (20).jpg 4 (13).jpg

    If you use this strategy for scalping and intraday you can open 10 charts at 5 min and 15 min time frame at the same time.

    Binary options high/low expiry time 3-5 candles.


    Time frame 5 min or higher.

    Currency pairs: majors for low time frame at the higher time frame also minors.

    Indicators settings:

    Ichimiku indicator (medium setting 8, 25, 48).
    Dot MMS (5, 2).
    Trading rules Ichimoku Stochastic Scalping

    Buy

    Price above the medium Ichimoku or between green dot.
    Buy arrow of Dot MMS.
    Initial stop loss below the previous swing low.
    Profit target predetermined or close position at opposite arrow.

    Sell

    Price below the medium Ichimoku or between red dot.
    Sell arrow of Dot MMS.
    Initial stop loss above the previous swing high.
    Profit target predetermined or close position at opposite arrow.
    In the pictures Ichimoku Stochastic Scalping.
     
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